Diamond Resorts Invitational

Diamond Resorts Completes Intrawest Acquisition

Diamond Resorts announced yesterday the completion of its acquisition of Intrawest Resort Club Group from Intrawest Resort Holdings, Inc for $85 million—an agreement that began back in November. The transaction includes the management contracts with Club Intrawest, the current balance of notes receivable, approximately four acres of undeveloped land, and the current balance of points available for sale. [Read more…]